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Chaitanya Kalbag
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TARAPUR – CLOSE TO SHUTDOWN? 

“I have said that we will never take to nuclear weapons even if this country is going to be destroyed in the absence of (such…

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MANILA OUTLINES 1988 BORROWING, BUDGET PLANS

7 January 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, Jan 7 – The Philippine government will issue treasury bills and notes totalling 29.8…

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Philippine economy needs steady hand to keep recovery from going stagnant 

20 January 1988  The Globe and Mail  B24  English  All material copyright Thomson Canada Limited or its licensors. All rights reserved.  The Philippines has experienced…

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Envoy says US to maintain strong role in Philippine Economy

22 January 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, Jan 22, Reuter – The United States is committed to helping the Philippines achieve…

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MANILA CHARGES USDA DELAYING SUGAR RE-EXPORT PLAN

22 January 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, Jan 22 – Sugar industry officials said the Philippines might not be able to…

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MANILA FINANCE MINISTER SEES U.S. BASES AS DEBT LEVER 

1 February 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, Feb 1, Reuter – The Philippines is exploring ways of reducing its massive foreign…

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U.S. IN QUANDARY OVER MANILA SUGAR RE-EXPORT PLAN

8 February 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, Feb 8 – U.S. Agriculture Secretary Richard Lyng is in a quandary over a…

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Privatisation Proves to be Gordian Knot for Manila Trust

10 February 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, Feb 10, Reuter – A sword poised over a Gordian knot is the official…

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PHILIPPINES MOVES TO SPEED UP DEBT/EQUITY SWAPS

19 February 1988  Reuters News  (c) 1988 Reuters Limited  English  MANILA, Feb 19 – The Philippines plans to speed up its sluggish debt/equity swap program,…

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Philippines Bit player in debt reform-fernandez

19 February 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, Feb 19 – The Philippines’ 27.8 billion dollar foreign debt makes it a bit…

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MANILA SPECULATORS PLAY ROULETTE WITH OIL STOCKS

18 March 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, March 18, Reuter – Volatile penny oil stocks have raised trading on Manila’s two…

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USDA SEES PHILIPPINE AGRICULTURE STAGNANT IN 1988

22 March 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, March 22, Reuter – Falling sugar and coconut production is expected to lead to…

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PHILIPPINE GNP SEEN GROWING 6.1 PCT IN 1988

4 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 4, Reuter – The Philippines’ gross national product (GNP) is expected to expand…

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JAPAN STRUGGLES TO USE ADB TO RECYCLE SURPLUSES

20 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 20, Reuter – Japan’s attempt to use the Asian Development Bank (ADB) to…

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ASIAN DEVELOPMENT BANK STILL AWASH WITH FUNDS

20 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 20, Reuter – The Asian Development Bank (ADB) is still awash with funds,…

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MANILA’S DEBATED LAND REFORM PLEDGED 66 MLN DLRS

26 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 26, Reuter – The Philippines has received pledges of aid totalling 66 million…

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JAPAN-U.S. TUSSLE LIKELY TO DOMINATE ADB MEETING

27 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 27, Reuter – The Asian Development Bank annual meeting starting on Thursday is…

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AQUINO SAYS ADB LEADERSHIP SHOULD REMAIN ASIAN

28 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 28, Reuter – The Asian Development Bank’s annual meeting opened with a call…

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PHILIPPINES SAYS IT WOULD WELCOME U.S. AID PLAN

9 May 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, May 9, Reuter – The Philippine government said on Monday it was awaiting information…

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PHILIPPINE SENATE APPEARS TO SOFTEN STAND ON NUCLEAR BILL 

12 May 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, May 12, Reuter – The Philippine Senate is apparently softening its stand on a…

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Nepal aims at independent central bank

22 May 1997  Reuters News  English  (c) 1997 Reuters Limited  KATHMANDU, May 22 (Reuter) – Nepal’s coalition government plans to grant the Himalayan kingdom’s central…

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U.S. BASES IN PHILIPPINES STIR UP WAR OF WORDS 

13 May 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, May 13, Reuter – The U.S. bases in the Philippines have sparked a superpower…

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PHILIPPINES NEEDS U.S. AID PACKAGE NOW, MINISTER SAYS

17 May 1988  Reuters News  English  (c) 1988 Reuters Limited MANILA, May 17, Reuter – The Philippines needs a U.S.-sponsored multi-billion dollar aid plan immediately…

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PHILIPPINE BANKS SEEN LOSING OUT ON CURRENCY DEALS 

18 May 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, May 18, Reuter – Philippine banks are missing opportunities by restricting foreign exchange trading…

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PHILIPPINES WELCOMES U.S. SUGAR QUOTA INCREASE

26 July 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, July 26, Reuter – The Philippines welcomes a decision by the U.S. Department of…

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PHILIPPINES TO ASK BANKS, IMF FOR NEW LOANS  

28 July 1988   Reuters News  English  (c) 1988 Reuters Limited  MANILA, July 28, Reuter – The Philippines plans to approach its creditor banks for a…

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JAPAN APPROVES $87 MILLION SPENDING PLAN 

29 August 1992  Los Angeles Daily News Valley  B2  English (Copyright 1992)  The Japanese government Friday approved an $87 billion spending package – the nation’s…

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Vietnam urges Bush to build on Clinton’s work

29 May 2001 Reuters News English (c) 2001 Reuters Limited HANOI, May 29 (Reuters) – Vietnam urged President George Bush on Tuesday to build on…

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Japan breathes easier on yen but danger lurks

20 August 1993  Reuters News  English  (c) 1993 Reuters Limited  TOKYO, Aug 20 (Reuter) – The Japanese government heaved a sigh of relief on Friday…

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Japan’s economy sinks deeper into mire

14 September 1993  Reuters News  English  (c) 1993 Reuters Limited  TOKYO, Sept 14 (Reuter) – Japan’s sickly economy has been contracting as its stubborn trade…

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INTERVIEW-Pakistan says US policies polarise world

14 April 2003 Reuters News English (c) 2003 Reuters Limited ISLAMABAD, April 14 (Reuters) – Pakistan, a key U.S. ally in the war on terror,…

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INTERVIEW-Washington’s Taiwan envoy bemoans rigid China.

16 September 2003 Reuters News English (c) 2003 Reuters Limited   TAIPEI, Sept 16 (Reuters) – Douglas Paal, Washington’s unofficial ambassador to Taipei, must choose…

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RBI will not allow rupee volatility – Chidambaram. 

29 August 1997  14:33  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, Aug 29 (Reuters) – Indian Finance Minister P. Chidambaram said the rupee’s…

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India raises import duties to fight deficit 

16 September 1997  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, Sept 16 (Reuter) – India’s government, clearly alarmed by a fiscal deficit that…

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Last Word- Ear to the Ground

This mid-December afternoon, the Ear detects the rumble of Old Man 76 gasping through his last lap, and the first stirrings of Childe 77. Here…

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What the Government Needs to Do Now

Despite the crisis, a clear message must be sent to the investor community that India is open for business. There was an initial spurt of…

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Growth and the challenge of compensating the losers

INDIA’S ECONOMY is barrelling along at a growth rate of over 9 per cent, savings rates are up, investments are up, more jobs are being…

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Losing Voice

English with an American accent, there were jokes about being the “51st US state”, the US military had a huge presence, and the economy was…

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10 Most Powerful Women in Indian Business

They say nothing sharpens our minds as much as high danger or a threat to our survival. We are prepared to stand and fight when…

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U.S. Bases Vital for Philippine Security, Official Warns

29 July 1987  English  (c) 1987 Reuters Limited  MANILA, July 29, Reuter – U.S. military bases in the Philippines are vital to the security of…

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AQUINO NOT KEPT FULLY INFORMED OF BARCLAYS ROW, OFFICIAL SAYS

13 August 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Aug 13, Reuter – President Corazon Aquino was not kept fully Informed throughout a…

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Two to Tango

An early breakfast is something that most journalists don’t care for. Most of my tribe skip it and among those who don’t, very few sip…

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Breakout Companies

Raghuram Govind Rajan is a lucky man. Two weeks into his new job as Governor of the Reserve Bank of India his friend Ben Bernanke,…

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India’s Most Valuable Companies

Once every year, we pay obeisance to the best and strongest companies in India. It is not grudging admiration. Our corporate icons deserve every bit…

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Manila’s hot money flows from stocks to dollars

12 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 12 – Short-term speculators have switched their attention from Manila’s once bullish stock markets…

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Hard Sell

We need to place the AgustaWestland helicopter “kerfuffle” as a former defence minister put it in context. The 12 AW101s were headed for the Indian…

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Three Americans and Filipino shot dead near US Base

28 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 28, Reuter – Gunmen shot dead three Americans, including two airmen, and a…

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U.S. Diplomat’s recall marks new low in ties with Philippines

28 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 28, Reuter – The recall of a U.S. military diplomat from the Philippines…

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US Defuses meddling row by pulling out attache from Manila

28 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 28, Reuter – The United States said on Wednesday it was withdrawing a…

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Philippine hit-squad killings signal new communist offensive

29 October 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Oct 29, Reuter – Philippine Communist guerrillas appear to have launched a major offensive…

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India’s Coolest Start-Ups

The US Congress stepped back just in time from the fiscal cliff, but Indian sensibilities about the Delhi gang rape and killing fell off another cliff…

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India’s Best CEOs

We are waiting to exhale. Food prices fell in the last fortnight of December, for the first time in six years, and headline inflation is…

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Philippines Expects Minimal U.S. Sugar Quota Cut

25 November 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Nov 25 – The Philippines has been warned that the United States is planning…

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Envoy says communist attacks will boost U.S.-Philippine Ties

25 November 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Nov 25, Reuter – The communist rebel killings of three Americans near a U.S.…

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India’s Best CFOs: Tips From The Finest Financial Brains

I have a confession to make. Many moons ago, I studied to be an accountant and despite one of the world’s toughest entry barriers with…

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U.S. Sugar Quota cut worse than Thought- Manila

16 December 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, Dec 16 – A 23 pct cut in the 1988 U.S. sugar import quota…

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Deal Chahta Hai

A laughter club in Mumbai is forced to “zip it” because a humourless neighbour is disturbed, not long after a 63-year-old cartoon unleashes a cleansing…

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Pulling Punches

Why did god create stock-market analysts? To make weather forecasters look good, runs the rather puerile joke. But seriously, company analysis is an earnest business-in…

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IT’S THE ELECTION, STUPID

The economy is whirling around in a populist spiral Pranab Mukherjee is starting to look worryingly like a feckless heir squandering his generous inheritance while…

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High Way

India’s Parliament House does not resemble a ziggurat, but it does remind me of the Tower of Babel and how God descended to earth to…

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The New GE Way

Jeff Immelt stepped into Jack Welch’s shoes four days before 9/11. Even more than the legendary Welch, he has GE blood in his veins –…

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Reserve Bank-Money to Burn

Of all the functions of the Reserve Bank of India (RBI), there is one routine task crucial to the health of the economy: incinerating the…

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Excise Duty-More Slaps Than Sops

Pranab Mukherjee’s first budget, at first glance so redolent of status quo, is peppered with little booby traps. Two paragraphs in his speech have caused…

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ITC – Haksar’s last Hurrah

Sentimentality rarely intrudes in­ to shareholders’ meetings, but this one was different. Over 3,000 had gathered in the incongruous setting of a Calcutta cathedral compound…

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HOW TO DO A MANAGEMENT BUYOUT AT 30,000 FEET

The next time you are flying somewhere, do not bury your nose in a book or plug in your earphones. Take a good look around.…

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“WASHINGTON IS STARTING TO LOOK LIKE DELHI”

An erudite scholar, acclaimed author, and the William Ziegler Professor of Business Administration at the Harvard Business School, British historian Niall Ferguson wears several hats.…

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“ India a $10 Billion Market In five Years “

On the US economy Things are getting better in the United States. It’s a slow recovery, and some of that is based on how steep…

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Lean on Me

The US economy needs India more than ever, says Chaitanya Kalbag. Barack Obama had barely walked out of Parliament’s Central Hall when the debate began…

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SHOW ME THE JOBS

The government is striving mightily, but the needle is moving inexorably lower on the jobs meter. The Centre for Monitoring Indian Economy (CMIE) and the…

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ENOUGH ALREADY

I wish the government would stop trying to defend demonetisation. Every time there is bad economic news, the government jumps up to proclaim that demonetisation…

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CLOSE,, BUT NO CIGAR

Finance Ministers take on a certain air when they think things are going swimmingly and nothing can rock the economy when it is cruising along.…

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KEEP THE BALLAST

Narendera Modi’s first term in office will be bracketed by malodorous stand-offs with two governors of the Reserve Bank of India. The bad blood between…

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DEMOCRACY DIES IN DARNESS

The Washington post adopted this four-word slogan “Democracy Dies in Darkness” in February 2017, its first in 140 years. It was used by its owner…

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VIRAL FEVER

Start exercise your smartphone thumb, because the next big election will be fought on our mobiles. The latest Internet and Mobile Association of India survey…

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